SPRINGBOARD TO SUCCESS INC

EIN: 611745621 501(c)(3) Human Services

CHICAGO, IL

Total Revenue
$842,322
Total Expenses
$781,257
Total Assets
$2,144,194
Net Assets
$2,144,194
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
LAURINDA DODGEN
Phone
3129352626
Tax Period
2024-01-01 to 2024-12-31

SPRINGBOARD TO SUCCESS INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $842K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $781K left a modest 7% surplus.

Mission

Springboard to Success (S2S) supports programs and partners that propel the Chicago Housing Authoritys youngest residents on their pathways to academic success, economic stability and independence.

Program Service Accomplishments

Program 1
Expenses: $344,861

Scholarship Program is for current CHA residents, listed on a CHA lease, and enrolled in an accredited post-secondary institution.

Program 2
Expenses: $205,093

Resident Events: Annual holiday party (Senior Gala) for CHA seniors (featuring food and entertainment) and CHA Homeownership Forum event.

Program 3
Expenses: $136,044

SUMMER PROGRAMS:Become a Filmmaker: Geared towards female identifying youth, the Become a Filmmaker filmmaking intensive is designed to provide all essential skill sets for a job in film...

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SUMMER PROGRAMS:Become a Filmmaker: Geared towards female identifying youth, the Become a Filmmaker filmmaking intensive is designed to provide all essential skill sets for a job in film: pre-production, camera operation, lighting, sound, and video editing. Working in small teams, 15 participants created three original short films. The films were screened as part of their graduation celebration and then went on to play at local venues and film festivals. The films themes provide a voice for social topics important to CHA youth and serve as an entry point to community discussions on creating positive change in Chicago. Next Level Photography is a six-week program designed to expose CHA youth to the field of photography and develop professional photographic skills. Sixteen participants were given a professional DSLR camera and led through a number of technical and creative exercises to provide a base for a potential career in photography. CHA youth were exposed to camera mechanics, lighting techniques, and a variety of photography genres (sports, portraiture, fine art, wedding, street/photojournalism) presented by accomplished photographers in each field. Although they were given autonomy to explore topics, they were urged to focus on visual stories that felt important to them and their community. Movie & TV Scripts 101: Nine CHA youth were invited to participate in an intensive six-week summer program studying the art of screenwriting. Movie & TV Scripts 101 allowed youth to become well-versed in the Classical Hollywood conventions of writing for film and television, and then developing a story pitch in to an original short script. The program culminated with a live table read with actors from DePaul Universitys Theatre School. The final scripts presented at the graduation ceremony as a live table read were No Mans Land, a short fantasy drama about a boy who goes on an adventure with a giraffe, and Is This Love, a short crime romance on how far two individuals are willing to go for the other.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $736,429
Program Service Revenue $44,200
Investment Income $89,255
Other Revenue $-27,562
TOTAL REVENUE $842,322

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,209
Program Expenses $752,603
Other Expenses $781,257
TOTAL EXPENSES $781,257

Year-over-Year Comparison

2024 2023 Change
Revenue $842,322 $771,163 +0.1%
Expenses $781,257 $764,759 +0.0%
Net Income $61,065 $6,404 +8.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
15
Employees
N/A
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH MALONE FOUNDING CHAIR 2.00
Officer Director
$0 $0 $0
LAURINDA DODGEN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
DIANE KNOEPKE Director 1.00
Director
$0 $0 $0
MICHELE ANDERSON-FITZGERALD Director 1.00
Director
$0 $0 $0
WILLIAM J DVORAK DIRECTOR 1.00
Director
$0 $0 $0
LAUREN HOOBERMAN BOARD VICE CHAI 1.00
Officer Director
$0 $0 $0
MARY HOWARD EX-OFFICIO OFFI 1.00
Director
$0 $0 $0
BETHANY BEAVER Director 1.00
Director
$0 $0 $0
STEPHANIE KLEIN BOARD TREASURER 1.00
Officer Director
$0 $0 $0
ANGELINA ROMERO DIRECTOR 1.00
Director
$0 $0 $0
JASON CARTER BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLE LAYTON Director 1.00
Director
$0 $0 $0
LISA LEE-HERBERT Director 1.00
Director
$0 $0 $0
TRACEY SCOTT EX-OFFICIO CHAI 1.00
Director
$0 $0 $0
TONIKA DAVENPORT Director 1.00
Director
$0 $0 $0
TAAJ REAVES Director 1.00
Director
$0 $0 $0
JO ANNA TAKLA Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $842,322 $781,257 $2,144,194 $61,065
2023 $771,163 $764,759 $2,089,604 $6,404
2022 $703,495 $703,406 $2,076,725 $89
2021 $535,297 $593,783 $2,076,636 $-58,486
2020 $857,677 $382,930 $2,141,622 $474,747
2019 $1,823,282 $374,487 $1,795,417 $1,448,795
2018 $425,837 $331,211 $221,462 $94,626
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